A heated exchange occurred during a public consultation meeting over Cable Bahamas’ proposed price increases, with many expressing that costs are already too high and the service is poor.
Minister for Youth, Sports and Culture presented $42,000 in seed money to the 11 groups participating in the upcoming 2012 Annual Junkanoo Parade on Grand Bahama.
The 2012 Government of The Bahamas National Scholarship Programme has been modified in order to reflect national goals. Of more than 1600 persons who applied, only about 350 received scholarships.
The late Milo Butler’s family won a US court battle over who should have first claim to $8 million resulting from sold assets forfeited by convicted Bahamas-based fraudster, Derek Turner.
The government is receiving almost double the revenue from BTC due to the privatization of the company, with dividends to government of $8.8 million with another $20 million coming this year.
The government will borrow the sum of $7.5million from the Inter-American Development Bank (IDB) for the purpose of implementing its Social Safety Net Project.
The introduction of the Conditional Cash Transfer Programme will not only help to promote human capital development in The Bahamas, but also help to break the cycle of poverty locally.
Bahamian households living in poverty have increased by 83 per cent between 2007 and 2011.
The Turks and Caicos Islands Government has reached a “confidential settlement” with Russian billionaire and Salt Cay developer Mario Hoffman.